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. the dow is up by 44 points. the nasdaq up by 16. the s&p 500 joining us there gaining 0.5% or about six points. >> yes, i ran fast, mandy. earlier today, john boehner, the speaker of the house, spoke. the markets spiked. as you hear this sound bite, we're going to show you the dow intraday, what it did, and where you see the spike. it's a spike of more than 100 points. that's when speaker boehner spoke. listen to this. >> i believe that we can do this and avert the fiscal cliff that's right in front of us today. >> is this really what led to today's midday turn around, or was it something else? let's talk about that. quincy crosby joins us. mark spellman and kevin carone. quincy, is it that simple? they came out, they used the word constructive, framework, corner stone, all those positive words, and the market took off. >> absolutely. i was watching the body language when they finished up. they walked together. they didn't separate. the market kept making gains. it was that immediate. >> mark, do you agree? >> yeah, i think it was important. we've been looking for good news. the fact th
.5%. and the nasdaq, the outperformer there, up by 2%, on average. >> joining us with their thoughts, quinn, we just kept getting stronger as we went into the close today but you're still skeptical. you'd be selling into this rally. wouldn't you? >> absolutely. i think this is an opportunity to take it off the table. i said last week with maria that you don't panic sell. just as we didn't do and then we've got the rally. now is an opportunity to take the step back. we don't know what's going to happen between now and the end of the year. as i said earlier an hour ago, you are betting on congress. if you're optimistic they're going to find a solution and we'll be off to the races, fine. i'm not. i'm a seller into this rally. you'll get better prices into the new year. >> i would also like to mention as the markets have settled up, we did actually close above 13,000 again, folks. that is a gain of 172 points. michael, let me ask you, are you a seller into this rally as well? >> no, i am not. i actually feel the market will tread water for the rest of the year. really, we only have four, or five weeks
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